Westpac Home Loans
The Westpac Group - Australia's Largest Bank
The Westpac Group is Australia’s oldest financial institution. It was also the first bank established on the continent. It opened its doors as the Bank of New South Wales in 1817. Thus it remained for over a hundred and seventy years before the bank was renamed the Westpac Banking Corporation in 1982 after it acquired the Commercial Bank of Australia.
Through the years, the bank endured trials as well as made impressive strides to develop its reputation as a first-rate Australian bank as well as a lender. Westpac acquired other banks during the 1990s including the Challenge Bank Limited - Western Australia in 1995, the Trust Bank New Zealand in 1996, and the Bank of Melbourne in 1997.
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Still the bank has continued to expand and reshape its image and operations. In 2000 it was a major sponsor of the Sydney Olympic Games. Westpac became a public company the following year. The most recent purchase of the St. George Bank Limited in 2008 is one of the more prominent ones to date.
Westpac Group operates a portfolio of five financial services businesses including Westpac Retail and Business Banking, St. George Bank, BT Financial Group, Westpac Institutional, Bank, and Westpac New Zealand.
Today Westpac is a major financial services organization providing all manner of personal commercial financial products and services including home financing. The banking institution offers a variety of competitively rated home lending options that can be tailored to fit just about any customer’s needs.
Customers can choose from Variable Rate, Fixed Rate, Loan Packages, Line of Credit loans, and investment loans. Among the products Westpac offers you can choose fixed rate home loans with 1, 2, 3, 4, 5, and 10-year fixed rate terms, which offer you more control over your payments and added security against changing interest rates. Then there is the Equity Access Loan, Flexi First Option, Premier Advantage Equity Access Loan, the Premier Advantage Fixed 10 Years, and the Rocket Repay.
All of these loan products come with other benefits and features that lend them more flexibility so they will be able to meet very specific needs.
